The unprecedented recent string of banker “suicides” (which now includes the former CEO of ABN Amro) now has the first incident which even the MSM are describing as a murder, as the CEO of Liechtenstein Bank Frick has just been shot dead in broad daylight in the bank’s parking garage. [Read more...]
The Doc joined the Prepper Recon Podcast this week for a discussion on the end game for the US dollar and the Western financial system, and how investors and Americans in general should prepare for what is ahead.
Doc discusses his outlook for the remaining lifespan of the US dollar as reserve currency, the risks facing the dollar at the present, and what a loss in reserve status for the dollar will mean for gold & silver. [Read more...]
Janet Yellen’s first FOMC statement is out:
- Fed tapers another $10 billion/month beginning in April
- Beginning in April, the Committee will add to its holdings of agency mortgage-backed securities at a pace of $25 billion per month rather than $30 billion per month, and will add to its holdings of longer-term Treasury securities at a pace of $30 billion per month rather than $35 billion per month.
- Gold & silver smash commences on que
Janet Yellen’s first Full FOMC release is below: [Read more...]
Thanks to a tip from an SD reader, we have discovered the US’ official bar list of “Deep Storage Gold” held at Fort Knox, Denver, and West Point, buried in a PDF file on the House Financial Services website.
Updated on Sept 30th, 2010, the document provides a full bar inventory including total bars, weights, and fineness of the US Deep Storage Gold reserves.
For all those inquiring minds wondering how much if any of the US’ gold reserve remains, the official US Deep Storage Gold bar list is below: [Read more...]
In the wake of the Sandy Hook tragedy and fears of new control control legislation from the Obama administration, extreme shortages of ammunition have been sustained over the past 12-24 months, as panicked Americans have raided the shelves of Cabelas and gun-shows across the country buying literally every round they can get their hands on.
Combined with multi-billion round purchases from gov’t 3 letter acronyms such as the DHS and FBI, (including even the USPS and IRS), the shortages have continued even as manufacturers have responded by drastically increasing production.
Over the past 6-12 months, shortages of some calibers such as 7.62 used in the popular AK-47 semi-automatic weapon have been alleviated somewhat via massive imports of Russian production.
That is about to change. [Read more...]
James Turk, co-founder and director of GoldMoney.com joins BoomBust to talk about gold, gold, gold.
Turk explains that gold has been used as money for five thousand years, and he argues why it’s much better than fiat currency. In fact Turk thinks that people are losing confidence in paper money because the super-rich are moving out of money and buying up tangible assets. He further argues that gold allows you to avoid the risks of political manipulation or economic warfare. [Read more...]
After attempting to climb above $22 during overnight trading, silver drifted down throughout the London session, and has been hammered on the COMEX open, down over $1 to $21.01.
Gold has also been hit hard, down over $20 from overnight highs of $1345.
With the crisis in Ukraine escalating, the dollar has been catching a safe haven bid, and the Western Central banks have not missed their opportunity to reassert pressure on the paper metals markets. [Read more...]
The third JPMorgan banker this month has reportedly “committed suicide”, as moments ago a 33 year old FOREX trader for JPM in Hong Kong plunged from the roof of the JPMorgan Charter House Asia headquarters in central Hong Kong.
The latest death follows Ryan Henry Crane, the Executive Director of JPM’s Global Equities Group, who was found dead last week, and according to a European banking source, worked closely with Gabriel Magee of JPM’s London desk who also happened to recently fall 32 stories off the JPM London roof he did not have access to.
Subsequently, Jim Willie informed SD readers on the recent rash of banker deaths (which has now surpassed 20), that we are witnessing bankers taken out who are on the verge of revealing BIG DATA details on FOREX fraud.
Today’s breaking news that another JPM banker has plunged from the roof- coincidentally a FOREX trader- substantially thickens the plot. [Read more...]